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All of us know meanwhile about Google's Summer of Code, however I was wondering: are there any other/similar sponsorship schemes for open source software? Something that would allow for partial funding of ongoing development efforts? If so, under what conditions and pre-requisites?

+1  A: 

I had just heard about this one. It looks like it is in the financial sector with a focus on functional programming.

http://janestreetsummer.com/

ashawley